FFFGX vs. FSKAX
Compare and contrast key facts about Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Total Market Index Fund (FSKAX).
FFFGX is managed by Fidelity. It was launched on Jun 1, 2006. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFGX or FSKAX.
Correlation
The correlation between FFFGX and FSKAX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFFGX vs. FSKAX - Performance Comparison
Key characteristics
FFFGX:
1.38
FSKAX:
1.77
FFFGX:
1.94
FSKAX:
2.40
FFFGX:
1.25
FSKAX:
1.32
FFFGX:
1.12
FSKAX:
2.69
FFFGX:
7.30
FSKAX:
10.65
FFFGX:
2.20%
FSKAX:
2.17%
FFFGX:
11.68%
FSKAX:
13.06%
FFFGX:
-56.42%
FSKAX:
-35.01%
FFFGX:
-0.35%
FSKAX:
0.00%
Returns By Period
In the year-to-date period, FFFGX achieves a 5.78% return, which is significantly higher than FSKAX's 4.65% return. Over the past 10 years, FFFGX has underperformed FSKAX with an annualized return of 4.51%, while FSKAX has yielded a comparatively higher 12.41% annualized return.
FFFGX
5.78%
3.63%
5.17%
16.62%
4.94%
4.51%
FSKAX
4.65%
2.33%
10.43%
24.64%
14.07%
12.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFGX vs. FSKAX - Expense Ratio Comparison
FFFGX has a 0.75% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FFFGX vs. FSKAX — Risk-Adjusted Performance Rank
FFFGX
FSKAX
FFFGX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Total Market Index Fund (FSKAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FFFGX vs. FSKAX - Dividend Comparison
FFFGX's dividend yield for the trailing twelve months is around 1.14%, which matches FSKAX's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 1.14% | 1.21% | 1.26% | 2.12% | 2.28% | 1.04% | 1.48% | 1.66% | 1.11% | 1.43% | 4.17% | 4.57% |
FSKAX Fidelity Total Market Index Fund | 1.13% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% |
Drawdowns
FFFGX vs. FSKAX - Drawdown Comparison
The maximum FFFGX drawdown since its inception was -56.42%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FFFGX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FFFGX vs. FSKAX - Volatility Comparison
Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Total Market Index Fund (FSKAX) have volatilities of 3.22% and 3.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.